Solana losing its summer shine.
By Maxime Laurent · 2025-09-24 08:43
Solana losing its summer shine.
The vibe around $SOL is clearly cooling off — daily activity on its DEX has crashed by 90% since last October, trading volumes sank to just $117M (a 4-month low), and active wallets dropped under the symbolic 100k mark. Not exactly the fiesta vibes we had a few months back.
Price-wise, $SOL also took a hit: down nearly 11% this week, now sitting around $210. Still holding that 6th spot on CoinMarketCap, but ça chauffe... the momentum is slipping.
Personally, I feel Solana is in that awkward phase where hype fades but fundamentals still need to prove their endurance. Could be a dip worth watching — or just the start of a longer hangover.
#Solana #SOL #Crypto #Altcoins #DEX
The vibe around $SOL is clearly cooling off — daily activity on its DEX has crashed by 90% since last October, trading volumes sank to just $117M (a 4-month low), and active wallets dropped under the symbolic 100k mark. Not exactly the fiesta vibes we had a few months back.
Price-wise, $SOL also took a hit: down nearly 11% this week, now sitting around $210. Still holding that 6th spot on CoinMarketCap, but ça chauffe... the momentum is slipping.
Personally, I feel Solana is in that awkward phase where hype fades but fundamentals still need to prove their endurance. Could be a dip worth watching — or just the start of a longer hangover.
#Solana #SOL #Crypto #Altcoins #DEX
Disclaimer: This content is for informational purposes only and not financial advice.